SBM4203 ERP Software and Its Benefits for TUMI Organization Assessment 3 Answer
In the past few decades, most of the companies were preferring SAP software for their company growth and development. But as we can see, this software is not meant for every company. It has many pros and cons which has already impacted our performance in a negative way. Our company is not able to make good decisions as majorly faults are occurring from the application. One of the deadliest cybercrime which is PHISHING is spreading their roots in the market with the high rate. As this type of cybercrime is able to main propaganda is to steal all the confidential data from the company with a single email or a spam message on user personal devices. They will ask is your simple details from where the will get all the information about the user.
This case study is about the organization name TUMI, which are making the travel bags for their customer. The company was facing a major crisis in their IT department. The IT department was not able to organize the data and their inventory as per the desired requirement of the company. Due to their customers were suffering. The major change which the IT department has made in their system is that they have changed their software with SAP. The SAP software helped the TUMI in solving their main concern of inventory management.
Scope of Statement
The scope of this report is to understand the adaption of the new software in the company. As with the old software our company is not able to achieve their desired goals and profits just like the case of TUMI. But as they changed their software, their performance has also increased. With the same scenario, we will understand the ERP software and their benefits in our company.
Enterprise Resource Planning
ERP stands for enterprise resource planning, and it is the latest form of technology which is taking over many companies. This ERP software is helping in the management of data and the inventory of the company is a very efficient way with the help of advanced technology based application and software. As per author Asgar & King,( 2016) this software helps the user in providing the accurate piece of information at every point of time. It connects every department of the company which is finance, sales, HR and operational. With the help of connection in customers in their application. This journal here discusses about the ERP by Daneva, M. (2004).
- Few advantages and disadvantages of ERP software
Advantages and disadvantages of ERP software have been discussed below:
Reasons for using ERP in the company
There are many reasons for using ERP software in our company. The main reasons for using ERP has given below with justification:
- Management of resources: If we will use ERP software, all the assets which are fixed in our company will be maintained. This will also help in tracking all Materialized Bills which has been generated or past bills of the company.
- Management of Inventory: The main reason for choosing ERP is for the management of inventory. As our company currently lacking in the management of inventory. As it will track all the numbers of the products and it will help us know which stock had been out and which stock is more in demand.
- Management of cost: No doubt this software is not pocket-friendly. But if we will see in the long run the rate of return will be higher than the losses which our company is currently bearing.
- Satisfied customers: With the help of this software, the satisfaction level of customers will also increase. As they will be able to track their products and they will be provided with better services.
- The rise in Production level: When our company will have more knowledge about the ingoing and outgoing of the product than our company will be able to produce more products as per customer requirement.
This journal is explaining the major reasons for the selection of ERP by Parthasarathy & Sharma, (2016)
Top 10 ERP softwares and comparative analysis
Bizowie Cloud Epicor Global Shop Solutions Netsuit
Sage 100cl Sage 300cloud SYSPRO ERP Aquilon
Onramp Solutions ERP Infor CloudSuite Industrial (SyteLine
Other Software rather than SAP
If we talk about any other software rather than SAP which will be suitable for our company will Sage100cl ERP. It is that software which will manage all the activities which are required to perform the majority of the task in the company. It will help in eliminating many barriers which SAP program was not able to identify. The reasons why to choose Sage100cl ERP is given below:
- Exclusion of cost: With the help this software, our will be able to save tons of IT cost. As it will be handling all the information and data in a precise manner.
- Efficient technology: this software will help in saving the efficient time of our company which we can use in utilizing in development of new products and technologies.
- Maintaining tracks and records: with the help of this software, maintaining records of data is a lot easier. With the easy availability of data, the process of decision making will be much more convenient for top level management.
- Managing SCM: With this, the management of the supply chain of the assets and products can be organized in a more prominent way.
- Cost effective: this software is more in the budget of the company as it is suiting the business plan of our company and covering all the major aspects which are related to inventory management.
Mechanism of Phishing
The Mechanism of phishing has been explained below:
- Spare Phishing: this type of phishing mechanism revolves around a single person or an organization. In this phishing method, the person will try to attain all the information regarding the company so that after having all the details they can get all the information from their target.
- Whale phishing: This type of phishing mechanism revolves around the lower level management of the company. In this, they will share spam messages to their target in which they will ask for the confidential information regarding the company in a very genuine way. They trick their target by shoeing all the wrong information in an authenticated way.
- Clone Phishing: Clone phishing is a type of phishing mechanism in which they will make a clone of website or message so that they can track their target and gather all the confidential information from their target. They attach unauthenticated links which automatically grab all the information of their target from their system.
This paper here is explaining the mechanism of phishing by Patel & Patel, (2012).
Precaution For Phishing:
There are many things which we can do to protect our company from a phishing trap, few of them are given below:
- All unauthenticated links and software should be removed from the company database.
- Antivirus should always have to be kept updated in the database of company software.
- Alert emails and messages should have to be shared time to time for company data protection.
- The selection of a password should have to be with strong digits.
This journal is representation of the prevention methods from phishing by Gupta & Pieprzyk, (2011)
ERP software is much more updated than the SAP software as it will help in detecting all the malicious activities. As if this kind of activity happened the TUMI Company with the SAP software, it will not be able to handle the effect which has been created by the software.
In the conclusion of the report, it has been analyzed that the majority of the company performance depends upon the selection of software which they are choosing for their day to day operations. BY choosing the right option for their organization, they will be able to manage all the functions like supply chain, inventory management, and their cost. the company has to understand that this type of investment process can save their long time investment. The company has to understand their structure and their requirements. With the understanding of all the information, the company will be able to get their desired rate of return and will be able to satisfy their customers.